► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />James Mackintosh on stock picking and oil impact<br /><br />Analysing companies in terms of their exposure to factors such as oil, the dollar or the economic cycle is popular. James Mackintosh, investment editor, says Volkswagen is another example of a growing threat to corporate profits: the costs of regulatory action.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
